6416 MELACANO AVENUE
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Listed by STELLAR NON-MEMBER OFFICE | $290,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by EXP REALTY LLC | $285,000 | |
| Listed by EXP REALTY LLC | |||
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LOCATION LOCATION LOCATION! Welcome to this beautifully maintained 3-bedroom, 2-bathroom home in the heart of Spring Hill! residence offers an open floor plan with abundant natural light, Roof 2023, featuring a spacious kitchen with modern appliances and ample cabinetry. The living and dining areas boast gorgeous laminate wood floors, creating a warm and inviting atmosphere. The primary suite provides a private retreat with an en-suite bath and generous closet space. Step outside to a large backyard with a covered patio, perfect for outdoor relaxation and entertaining. Additional highlights include a two-car garage and a convenient inside laundry area with included washer and dryer. Situated on a 0.26-acre lot, this home is conveniently located near Weeki Wachee Springs State Park, Weeki Wachee River, shopping, dining, hospital and major highways. Don't miss this move-in-ready gem—schedule your showing today!
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| Feb 14, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017